Wednesday, November 08, 2006

Amaranths Other Casualty: The Cabbies - Mergers, Acquisitions, Venture Capital, Hedge Funds - Andrew Ross Sorkin - DealBook - New York Times

"Amaranth’s collapse may not have roiled world markets, but it is taking its toll closer to home. For some local taxi drivers, the fund’s size and location, far from the nearest train stations in White Plains or Greenwich, made it a prime source of fat fares. Now, with Amaranth in wind-down mode, those fares are drying up."

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